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Almawave S.p.A. ( (IT:AIW) ) has shared an update.
The Board of Directors of Almawave S.p.A. has approved a statement regarding a voluntary total public purchase offer by Almaviva S.p.A. for 21.05% of Almawave’s shares. The offer, priced at €4.30 per share, was deemed financially fair by the board and independent experts, indicating a strategic move to consolidate Almaviva’s ownership in Almawave, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.
More about Almawave S.p.A.
Almawave S.p.A is an Italian company listed on the Euronext Growth Milan market, specializing in Data & Artificial Intelligence. The company offers proprietary technologies and solutions that leverage AI and data for digital transformation across sectors such as Government, Finance, Energy & Utilities, Tourism, and Healthcare. Almawave serves over 400 clients globally and employs around 450 professionals, focusing on AI technology labs for product and platform development.
Average Trading Volume: 60,977
Technical Sentiment Signal: Buy
Current Market Cap: €127.1M
See more data about AIW stock on TipRanks’ Stock Analysis page.